UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2008
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Cohen & Steers Capital Management Inc.
Address: 280 Park Avenue
10th Floor
New York, NY 10017
Form 13F File Number: 28-2405
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lisa Phelan
Title: Senior Vice President and Chief Compliance Officer
Phone: (212) 832-3232
Signature, Place, and Dating of Signing:
/s/ Lisa Phelan New York, NY February 14, 2009
----------------- --------------- ------------------
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[X] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
028-01190 FRANK RUSSELL COMPANY
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 350
Form 13F Information Table Value Total: 8,778,021 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
01 Cohen & Steers Europe SA
FORM 13F INFORMATION TABLE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
---------------------------- -------- ------- --------------- ------- -------- --------------------------
TITLE
OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
---------------------------- -------- ------- --------- -------- ------- -------- ------ ------- -------
Abbott Laboratories Comm COM 002824100 27,447 514,263 SH Sole 514,263 -
Acadia Realty Trust Comm COM 004239109 25,171 1,763,895 SH Sole 1,706,759 57,136
ACE Ltd Common COM H0023R105 10,806 204,200 SH Sole 204,200 -
ACM Income Fund CEF COM 01881E101 4,592 648,600 SH Sole 648,600 -
Advent Claymore Conv Sec COM 00764C109 6,368 581,518 SH Sole 581,518 -
Advent Claymore Global C COM 007639107 3,152 539,703 SH Sole 539,703 -
Aflac Inc COM 001055102 20,387 444,749 SH Sole 444,749 -
AGL Resources Inc COM 001204106 9,342 298,000 SH Sole 298,000 -
Alcoa Inc Common COM 013817101 2,601 230,958 SH Sole 230,958 -
Alexandria Real Estate E COM 015271109 4,118 68,245 SH Sole 68,245 -
Allegheny Energy, Inc. COM 017361106 8,725 257,672 SH Sole 257,672 -
Alliant Energy Corp Comm COM 018802108 2,224 76,200 SH Sole 76,200 -
Allstate Corp/The Common COM 020002101 6,206 189,425 SH Sole 189,425 -
Alpine Global Premier Pr COM 02083A103 1,135 287,300 SH Sole 287,300 -
Alpine Total Dynamic Div COM 021060108 3,120 504,800 SH Sole 504,800 -
Altria Group Inc Common COM 02209S103 16,051 1,065,808 SH Sole 1,065,808 -
AMB Property Corp Common COM 00163T109 94,620 4,040,073 SH Sole 3,686,486 353,587
Ameren Corp Common COM 023608102 14,847 446,400 SH Sole 446,400 -
American Campus Communit COM 024835100 54,156 2,644,300 SH Sole 2,497,918 146,382
American Electric Power COM 025537101 499 15,000 SH Sole 15,000 -
American Land Lease Inc COM 027118108 131 9,500 SH Sole 9,500 -
American Tower Corporati COM 029912201 3,667 125,073 SH Sole 125,073 -
Apache Corp Common COM 037411105 8,698 116,700 SH Sole 116,700 -
Apartment Invt & Mgmt COM 03748R101 94,595 8,190,054 SH Sole 7,527,386 662,668
Archer Daniels Midland C COM 039483102 4,676 162,179 SH Sole 162,179 -
AT&T Common COM 00206R102 20,706 726,509 SH Sole 726,509 -
AvalonBay Communities In COM 053484101 157,606 2,601,630 SH Sole 2,364,869 236,761
Avery Dennison Corp Comm COM 053611109 1,051 32,100 SH Sole 32,100 -
Bank of America Corp Com COM 060505104 12,033 854,649 SH Sole 854,649 -
Bank Of New York Mellon COM 064058100 7,401 261,200 SH Sole 261,200 -
Barclays Bank 7.10% (BCS PFD 06739H776 96 7,000 SH Sole 6,000 1,000
Barclays Bank 8.125% (BC PFD 06739H362 18,872 1,256,400 SH Sole 1,255,400 1,000
Barclays Bank Plc 7.75% PFD 06739H511 530 35,700 SH Sole 34,700 1,000
BB&T Corp Common COM 054937107 3,616 131,700 SH Sole 131,700 -
Becton Dickinson & C COM 075887109 15,593 228,000 SH Sole 228,000 -
Bemis Co Common COM 081437105 1,177 49,700 SH Sole 49,700 -
BioMed Realty Trust Inc COM 09063H107 83,130 7,092,918 SH Sole 6,572,926 519,992
Blackrock Corp HY Fund V COM 09255P107 1,732 276,300 SH Sole 276,300 -
Blackrock Corporate High COM 09255L106 821 218,300 SH Sole 218,300 -
Blackrock Corporate High COM 09255N102 198 32,800 SH Sole 32,800 -
Blackrock Corporate HY F COM 09255M104 304 83,800 SH Sole 83,800 -
BlackRock Debt Strategie COM 09255R103 212 83,300 SH Sole 83,300 -
Blackrock Global Enrg & COM 09250U101 3,054 200,900 SH Sole 200,900 -
Blackrock Health Science COM 09250W107 4,386 220,500 SH Sole 220,500 -
Blackrock Inc. COM COM 09247X101 10,826 80,700 SH Sole 80,700 -
Blackrock Ltd Duration I COM 09249W101 4,734 441,220 SH Sole 441,220 -
Blackrock Pfd & Eq Adv T COM 092508100 2,585 309,618 SH Sole 309,618 -
Blackrock Preferred Oppo COM 09249V103 226 30,400 SH Sole 30,400 -
Blackrock Real Asset Equ COM 09254B109 2,814 401,400 SH Sole 401,400 -
Boeing Co Common COM 097023105 8,601 201,568 SH Sole 201,568 -
Boston Properties Inc 2. BOND 10112RAK0 1,511 1,900,000 SH Sole 1,900,000 -
Boston Properties Inc Co COM 101121101 389,195 7,076,286 SH Sole 6,495,917 580,369
Brandywine Realty Trust COM 105368203 32,494 4,214,528 SH Sole 3,833,434 381,094
BRE Properties Inc Commo COM 05564E106 41,154 1,470,842 SH Sole 1,369,634 101,208
Brookfield Properties Co COM 112900105 54,731 7,080,187 SH Sole 6,388,172 692,015
Calamos Convertible & In COM 12811P108 3,025 356,744 SH Sole 356,744 -
Calamos Strat Tot Return COM 128125101 8,277 1,324,300 SH Sole 1,324,300 -
Camden Property Trust Co COM 133131102 30,596 976,257 SH Sole 889,743 86,514
Carnival Corp Common COM 143658300 1 50 SH Sole 50 -
CBL & Associates Propert COM 124830100 17,090 2,629,152 SH Sole 2,054,395 574,757
Cemig SA-Spons ADR Commo COM 204409601 234 17,000 SH Sole 17,000 -
CenterPoint Energy, Inc. COM 15189T107 7,506 594,818 SH Sole 594,818 -
Chevron Corp Common COM 166764100 21,458 290,100 SH Sole 290,100 -
China Mobile Ltd ADR COM 16941M109 2,370 46,600 SH Sole 46,600 -
Citigroup Inc Common COM 172967101 819 122,000 SH Sole 122,000 -
Cleco Corp Common COM 12561W105 9,560 418,776 SH Sole 418,776 -
Clough Global Allocation COM 18913Y103 807 75,600 SH Sole 75,600 -
Clough Global Equity Fun COM 18914C100 2,337 245,500 SH Sole 245,500 -
Clough Global Opportunit COM 18914E106 9,596 1,060,285 SH Sole 1,060,285 -
CMS Energy Corp Common COM 125896100 9,847 974,000 SH Sole 974,000 -
CNOOC Ltd ADR COM 126132109 405 4,250 SH Sole 4,250 -
Colonial Properties Trus COM 195872106 7,740 929,154 SH Sole 903,257 25,897
Consolidated Edison Inc COM 209115104 12,361 317,500 SH Sole 317,500 -
Corning Inc Common COM 219350105 9,337 979,700 SH Sole 979,700 -
Corporate Office Propert COM 22002T108 3,650 118,900 SH Sole 118,900 -
Corrections Corp of Amer COM 22025Y407 18,164 1,110,327 SH Sole 987,571 122,756
Costco Wholesale Corp Co COM 22160K105 4,043 77,000 SH Sole 77,000 -
Crown Castle Intl Corp C COM 228227104 501 28,500 SH Sole 28,500 -
DCP Midstream Partners L COM 23311P100 1,057 112,471 SH Sole 112,471 -
DCT Industrial Trust Com COM 233153105 43,254 8,548,344 SH Sole 7,458,423 1,089,921
Developers Diversified R COM 251591103 59,697 12,233,009 SH Sole 10,986,170 1,246,839
Devon Energy Corp Common COM 25179M103 13,317 202,673 SH Sole 202,673 -
Diageo PLC ADR COM 25243Q205 2,491 43,900 SH Sole 43,900 -
DiamondRock Hospitality COM 252784301 8,838 1,743,180 SH Sole 1,743,180 -
Digital Realty Trust Inc COM 253868103 39,526 1,203,209 SH Sole 1,040,236 162,973
Disney Co Common COM 254687106 11,270 496,700 SH Sole 496,700 -
DNP Select Income Fund C COM 23325P104 1,501 244,100 SH Sole 244,100 -
Dominion Resources Inc/V COM 25746U109 20,665 576,600 SH Sole 576,600 -
Douglas Emmett Common COM 25960P109 85,858 6,573,957 SH Sole 5,877,403 696,554
Dow 30 Enhanced Preimium COM 260537105 2,701 303,872 SH Sole 303,872 -
Dow Chemical Co/The Comm COM 260543103 3,690 244,500 SH Sole 244,500 -
DPL Inc Common COM 233293109 10,315 451,600 SH Sole 451,600 -
Duff & Phelps Utility & COM 26432K108 244 24,100 SH Sole 24,100 -
Duke Energy Corp Common COM 26441C105 83,225 5,544,668 SH Sole 5,544,668 -
Duke Realty Corp Common COM 264411505 6,286 573,612 SH Sole 550,506 23,106
Duncan Energy Partners C COM 265026104 1,359 99,900 SH Sole 99,900 -
DWS Glbl Commodities Stk COM 23338Y100 808 148,037 SH Sole 148,037 -
DWS RREEF Real Estate CE COM 233384106 666 341,392 SH Sole 341,392 -
DWS RREEF Real Estate II COM 23338X102 436 661,100 SH Sole 661,100 -
EastGroup Properties Inc COM 277276101 63,062 1,772,350 SH Sole 1,641,186 131,164
Eaton Vance Enh Eqt Inc COM 278277108 6,197 580,817 SH Sole 580,817 -
Eaton Vance Enhanced Eq COM 278274105 3,109 259,087 SH Sole 259,087 -
Eaton Vance Float Rate I COM 278279104 205 25,500 SH Sole 25,500 -
Eaton Vance Ltd Duration COM 27828H105 6,125 619,336 SH Sole 619,336 -
Eaton Vance Senior Float COM 27828Q105 238 30,500 SH Sole 30,500 -
Eaton Vance Short Durati COM 27828V104 1,351 116,000 SH Sole 116,000 -
Eaton Vance T/M Buy-Writ COM 27828X100 3,714 296,393 SH Sole 296,393 -
Eaton Vance T/M Buy-Writ COM 27828Y108 8,240 807,869 SH Sole 807,869 -
Eaton Vance TA Gl Div & COM 27828S101 5,105 480,700 SH Sole 480,700 -
Eaton Vance TA GL Div Op COM 27828U106 1,787 125,900 SH Sole 125,900 -
Eaton Vance Tax Man Glbl COM 27829C105 11,432 1,129,665 SH Sole 1,129,665 -
Eaton Vance Tax Man Glbl COM 27829F108 15,751 1,599,026 SH Sole 1,599,026 -
Eaton Vance Tax-Adv Dvd COM 27828G107 6,703 575,300 SH Sole 575,300 -
Eaton Vance Tax-Mgd Dvsf COM 27828N102 18,915 1,749,805 SH Sole 1,749,805 -
Education Realty Trust I COM 28140H104 17,859 3,421,340 SH Sole 3,278,341 142,999
EI Du Pont de Nemours &a COM 263534109 789 31,200 SH Sole 31,200 -
Eli Lilly and Co Common COM 532457108 2,195 54,500 SH Sole 54,500 -
Enbridge Energy Common COM 29250R106 4,114 161,318 SH Sole 161,318 -
Energy Income And Growth COM 292697109 1,359 99,300 SH Sole 99,300 -
Energy Transfer Partners COM 29273R109 8,154 239,765 SH Sole 239,765 -
Entergy Corp Common COM 29364G103 38,170 459,154 SH Sole 459,154 -
Enterprise Products Ptnr COM 293792107 12,032 580,400 SH Sole 580,400 -
Equitable Resources Inc COM 294549100 6,305 187,917 SH Sole 187,917 -
Equity Lifestyle Propert COM 29472R108 81,534 2,125,518 SH Sole 1,871,835 253,683
Equity Residential Commo COM 29476L107 364,645 12,228,235 SH Sole 11,103,204 1,125,031
Essex Property Trust Inc COM 297178105 96,310 1,254,849 SH Sole 1,125,898 128,951
Ethan Allen Interiors In COM 297602104 800 55,700 SH Sole 55,700 -
Evergreen Global Div Opp COM 30024H101 9,567 1,002,900 SH Sole 1,002,900 -
Evergreen Income Advanta COM 30023Y105 798 144,808 SH Sole 144,808 -
Evergreen Managed Income COM 30024Y104 1,847 181,100 SH Sole 181,100 -
Evergreen Util & High In COM 30034Q109 1,750 151,792 SH Sole 151,792 -
Exelon Corp Common COM 30161N101 82,481 1,483,204 SH Sole 1,483,204 -
Exterran Partners LP Com COM 30225N105 525 46,760 SH Sole 46,760 -
Extra Space Storage Inc COM 30225T102 33,362 3,232,720 SH Sole 3,167,546 65,174
Exxon Mobil Corp Common COM 30231G102 28,296 354,447 SH Sole 354,447 -
F&C / Claymore Pfd Sec I COM 338478100 1,902 245,400 SH Sole 245,400 -
F&C / Claymore Total Ret COM 338479108 299 37,100 SH Sole 37,100 -
Fairpoint Communications COM 305560104 1,060 323,139 SH Sole 323,139 -
Federal Realty Invs Trus COM 313747206 228,413 3,679,300 SH Sole 3,321,650 357,650
Fiduciary/Claymore Mlp O COM 31647Q106 993 79,961 SH Sole 79,961 -
First Trust Aberdeen Emg COM 33731K102 690 67,300 SH Sole 67,300 -
First Trust Aberdeen Glo COM 337319107 656 63,100 SH Sole 63,100 -
First Trust/Four Crns SR COM 33733U108 889 127,000 SH Sole 127,000 -
FirstEnergy Corp Common COM 337932107 48,413 996,569 SH Sole 996,569 -
Forest City Enterprises COM 345550107 2,650 395,635 SH Sole 350,411 45,224
FPL Group Inc Common COM 302571104 83,448 1,658,015 SH Sole 1,658,015 -
Franklin Resources Inc C COM 354613101 3,890 61,000 SH Sole 61,000 -
Franklin Templeton Ltd D COM 35472T101 649 76,800 SH Sole 76,800 -
Frontier Communications COM 35906A108 7,835 896,500 SH Sole 896,500 -
Gabelli Dividend & Incom COM 36242H104 7,969 773,708 SH Sole 773,708 -
Gabelli Global Deal Fund COM 36245G103 1,214 92,400 SH Sole 92,400 -
Gannett Co Common COM 364730101 1,097 137,100 SH Sole 137,100 -
General American Investo COM 368802104 1,905 109,500 SH Sole 109,500 -
General Dynamics Corp Co COM 369550108 17,122 297,319 SH Sole 297,319 -
General Electric Co Comm COM 369604103 13,526 834,985 SH Sole 834,985 -
Glimcher Realty Trust Co COM 379302102 4,374 1,556,489 SH Sole 1,556,489 -
Goldman Sach Group, Inc. COM 38141G104 2,745 32,530 SH Sole 32,530 -
Google Inc CL A Common COM 38259P508 800 2,600 SH Sole 2,600 -
Great Plains Energy Inc COM 391164100 9,448 488,767 SH Sole 488,767 -
H & Q Healthcare Investo COM 404052102 2,731 246,700 SH Sole 246,700 -
H & Q Life Sciences Invs COM 404053100 2,220 257,000 SH Sole 257,000 -
Harley-Davidson Inc Comm COM 412822108 689 40,600 SH Sole 40,600 -
Harris Corp Common COM 413875105 12,613 331,500 SH Sole 331,500 -
HCC Insurance Holdings I COM 404132102 16,191 605,281 SH Sole 605,281 -
HCP Inc Common COM 40414L109 186,314 6,709,213 SH Sole 6,132,470 576,743
Health Care REIT Inc Com COM 42217K106 130,750 3,098,361 SH Sole 2,841,541 256,820
Health Care REIT Inc PFD PFD 42217K502 916 30,000 SH Sole 30,000 -
Hewlett-Packard Co Commo COM 428236103 3,983 109,774 SH Sole 109,774 -
Highland Credit Strategi COM 43005Q107 2,748 482,221 SH Sole 482,221 -
Highwoods Properties Inc COM 431284108 53,665 1,961,455 SH Sole 1,857,414 104,041
Home Depot Inc COM 437076102 1,261 54,800 SH Sole 54,800 -
Home Properties Inc Comm COM 437306103 47,814 1,177,702 SH Sole 1,162,037 15,665
Hospitality Properties T COM 44106M102 92,699 6,233,977 SH Sole 5,583,794 650,183
Host Hotels & Resorts Co COM 44107P104 231,973 30,643,839 SH Sole 27,851,768 2,792,071
HSBC Holdings PLC 6.20% PFD 404280604 270 14,550 SH Sole 14,550 -
HSBC Holdings PLC ADR COM 404280406 788 16,200 SH Sole 16,200 -
ING Asia Pacific High Di COM 44983J107 953 84,000 SH Sole 84,000 -
ING Clarion Global Real COM 44982G104 2,858 718,013 SH Sole 718,013 -
ING Global Advntge & Pre COM 44982N109 4,435 398,800 SH Sole 398,800 -
ING Global Eqty Div & Pr COM 45684E107 2,489 255,844 SH Sole 255,844 -
ING Risk Managed Natural COM 449810100 4,706 355,731 SH Sole 355,731 -
Inland Real Estate Corp COM 457461200 23,232 1,789,807 SH Sole 1,789,807 -
Intel Corp Common COM 458140100 9,741 664,436 SH Sole 664,436 -
International Business M COM 459200101 12,176 144,683 SH Sole 144,683 -
International Paper Co C COM 460146103 1,305 110,600 SH Sole 110,600 -
ITC Holdings Corp Common COM 465685105 8,033 183,900 SH Sole 183,900 -
John Hancock Pat Prem Di COM 41013T105 363 51,100 SH Sole 51,100 -
John Hancock Preferred I COM 41013W108 423 30,500 SH Sole 30,500 -
John Hancock Preferred I COM 41013X106 1,495 113,300 SH Sole 113,300 -
John Hancock Preferred I COM 41021P103 1,485 134,871 SH Sole 134,871 -
John Hancock T/A Dvd Inc COM 41013V100 90 8,762 SH Sole 8,762 -
Johnson & Johnson Common COM 478160104 23,951 400,336 SH Sole 400,336 -
Johnson Controls Common COM 478366107 705 38,800 SH Sole 38,800 -
JPMorgan Chase Common COM 46625H100 14,532 460,939 SH Sole 460,939 -
Kilroy Realty Corp Commo COM 49427F108 75,123 2,245,144 SH Sole 2,007,453 237,691
Kimberly-Clark Corp Comm COM 494368103 2,495 47,300 SH Sole 47,300 -
Kimco Realty Corp Common COM 49446R109 39,927 2,184,230 SH Sole 1,939,599 244,631
Kinder Morgan Energy Par COM 494550106 13,066 285,592 SH Sole 285,592 -
Kraft Foods Inc Common COM 50075N104 3,290 122,526 SH Sole 122,526 -
L-3 Communications Holdi COM 502424104 8,750 118,600 SH Sole 118,600 -
LaSalle Hotel Properties COM 517942108 42 3,828 SH Sole 3,828 -
Liberty All Star Equity COM 530158104 2,166 618,986 SH Sole 618,986 -
Liberty All-Star Growth COM 529900102 740 284,600 SH Sole 284,600 -
Liberty Property Trust C COM 531172104 157,885 6,915,623 SH Sole 6,523,813 391,810
LMP Cap & Inc CEF CEF COM 50208A102 4,471 578,459 SH Sole 578,459 -
Lockheed Martin Corp Com COM 539830109 13,840 164,600 SH Sole 164,600 -
LTC Properties Inc Commo COM 502175102 322 15,863 SH Sole 15,863 -
Macerich Co/The Common COM 554382101 196,123 10,799,620 SH Sole 9,531,785 1,267,835
Mack-Cali Realty Corp Co COM 554489104 158,872 6,484,566 SH Sole 6,099,168 385,398
Macquarie Global Infr To COM 55608D101 1,686 139,880 SH Sole 139,880 -
Magellan Midstream Partn COM 559080106 6,553 216,900 SH Sole 216,900 -
Maguire Properties Inc C COM 559775101 2,260 1,548,263 SH Sole 1,351,926 196,337
Marathon Oil Corp Common COM 565849106 13,341 487,600 SH Sole 487,600 -
Markwest Energy Partners COM 570759100 1,891 237,000 SH Sole 237,000 -
Marshall & Ilsley Corp C COM 571837103 2,714 199,000 SH Sole 199,000 -
Mattel Inc Common COM 577081102 6,712 419,500 SH Sole 419,500 -
McDonald's Corp Common COM 580135101 25,357 407,739 SH Sole 407,739 -
Medtronic Common COM 585055106 19,039 605,925 SH Sole 605,925 -
Merck and Co Inc Common COM 589331107 2,959 97,329 SH Sole 97,329 -
Metlife Inc Common COM 59156R108 15,363 440,700 SH Sole 440,700 -
MFS Intermediate Income COM 55273C107 1,533 245,300 SH Sole 245,300 -
MFS Mutimarket Inc. Trus COM 552737108 1,822 378,800 SH Sole 378,800 -
Microchip Technology Inc COM 595017104 11,367 582,048 SH Sole 582,048 -
Microsoft Common COM 594918104 18,354 944,130 SH Sole 944,130 -
Mid-America Apartment Co COM 59522J103 14,614 393,266 SH Sole 393,266 -
Mission West Properties COM 605203108 3,649 476,925 SH Sole 476,925 -
MLP & Strategic Equity F COM 55312N106 505 54,449 SH Sole 54,449 -
Monsanto Co Common COM 61166W101 9,992 142,034 SH Sole 142,034 -
Morgan Stanley Common COM 617446448 104 6,500 SH Sole 6,500 -
MS Emerging Mkts Domesti COM 617477104 2,833 270,000 SH Sole 270,000 -
Nasdaq Premium Income & COM 63110R105 4,367 470,000 SH Sole 470,000 -
National Retail Properti COM 637417106 23,720 1,379,900 SH Sole 1,239,634 140,266
Nationwide Health Proper COM 638620104 160,520 5,589,169 SH Sole 5,144,354 444,815
Neuberger Berman Dvd Adv COM 64127J102 1,117 154,500 SH Sole 154,500 -
Newell Rubbermaid Inc Co COM 651229106 1,188 121,500 SH Sole 121,500 -
NFJ Dvd Interest & Pr St COM 65337H109 6,523 503,700 SH Sole 503,700 -
Nicholas Applegate Eq & COM 65370K100 2,375 195,850 SH Sole 195,850 -
Nicholas-Applegate Conv. COM 65370F101 3,183 685,900 SH Sole 685,900 -
Nicholas-Applegate Conv. COM 65370G109 3,952 919,104 SH Sole 919,104 -
Nike Inc Common COM 654106103 9,406 184,437 SH Sole 184,437 -
Nordstrom Inc Common COM 655664100 2,664 200,140 SH Sole 200,140 -
Norfolk Southern Corpora COM 655844108 4,691 99,700 SH Sole 99,700 -
Northeast Utilities Comm COM 664397106 18,727 778,345 SH Sole 778,345 -
Northwest Natural Gas Co COM 667655104 619 14,000 SH Sole 14,000 -
NSTAR Common COM 67019E107 15,545 426,013 SH Sole 426,013 -
Nuveen Diversified Divid COM 6706EP105 1,830 290,051 SH Sole 290,051 -
Nuveen Equity Premium Ad COM 6706ET107 2,583 249,800 SH Sole 249,800 -
Nuveen Floating Rate Inc COM 6706EN100 274 51,200 SH Sole 51,200 -
Nuveen Multi-Currency Sh COM 67090N109 1,304 93,800 SH Sole 93,800 -
Nuveen Real Estate Incom COM 67071B108 1,003 197,505 SH Sole 197,505 -
OGE Energy Corp Common COM 670837103 17,046 661,200 SH Sole 661,200 -
Omega Healthcare Investo COM 681936100 80,360 5,031,882 SH Sole 4,761,284 270,598
Pepco Holdings Inc Commo COM 713291102 19,753 1,112,195 SH Sole 1,112,195 -
PepsiCo, Inc. COM 713448108 6,885 125,710 SH Sole 125,710 -
Petro-Canada Common COM 71644E102 2,421 110,600 SH Sole 110,600 -
Pfizer Inc Common COM 717081103 12,804 722,959 SH Sole 722,959 -
PG&E Corp Common COM 69331C108 56,751 1,466,062 SH Sole 1,466,062 -
Philip Morris Internatio COM 718172109 1,516 34,833 SH Sole 34,833 -
PIMCO High Income Fund C COM 722014107 754 136,300 SH Sole 136,300 -
Pinnacle West Capital Co COM 723484101 18,864 587,100 SH Sole 587,100 -
Pioneer Diversified High COM 723653101 182 15,300 SH Sole 15,300 -
Pioneer Floating Rate Tr COM 72369J102 199 28,300 SH Sole 28,300 -
Pioneer High Income Trus COM 72369H106 3,572 447,000 SH Sole 447,000 -
Pitney Bowes Inc Common COM 724479100 2,184 85,700 SH Sole 85,700 -
Plum Creek Timber co Com COM 729251108 50,682 1,458,927 SH Sole 1,428,830 30,097
PNC Financial Services G COM 693475105 2,675 54,600 SH Sole 54,600 -
Post Properties Inc Comm COM 737464107 46 2,772 SH Sole 2,772 -
PPG Industries Inc Commo COM 693506107 1,010 23,800 SH Sole 23,800 -
PPL Corp Common COM 69351T106 34,906 1,137,372 SH Sole 1,137,372 -
Praxair Inc Common COM 74005P104 2,974 50,100 SH Sole 50,100 -
Preferred & Corp. Inc. S COM 09255J101 187 30,800 SH Sole 30,800 -
Procter & Gamble Co Comm COM 742718109 24,647 398,676 SH Sole 398,676 -
Progress Energy Inc Comm COM 743263105 12,037 302,050 SH Sole 302,050 -
Prologis Common COM 743410102 200,903 14,463,800 SH Sole 13,291,415 1,172,385
PS Business Parks Inc Co COM 69360J107 42,018 940,819 SH Sole 825,441 115,378
Public Service Enterpris COM 744573106 40,416 1,385,530 SH Sole 1,385,530 -
Public Storage Inc Commo COM 74460D109 396,771 4,990,831 SH Sole 4,462,325 528,506
Public Storage Inc Serie COM 74460D729 6,619 275,317 SH Sole 253,484 21,833
Putnam Premier Income Fu COM 746853100 1,403 362,600 SH Sole 362,600 -
Qualcomm Inc COM COM 747525103 8,858 247,200 SH Sole 247,200 -
Rayonier Inc Common COM 754907103 36,482 1,163,722 SH Sole 1,110,273 53,449
Reaves Utility Inc CEF COM 756158101 1,205 102,900 SH Sole 102,900 -
Regency Centers Corp Com COM 758849103 230,053 4,926,197 SH Sole 4,497,365 428,832
Royal Bank of Scotland 6 PFD 780097754 215 24,500 SH Sole 24,500 -
Royal Bank of Scotland G PFD 780097739 1,123 127,398 SH Sole 122,998 4,400
Royal Bank of Scotland G PFD 780097713 4,214 417,272 SH Sole 417,272 -
Royal Bank of Scotland P PFD 780097770 1,189 130,700 SH Sole 130,700 -
RR Donnelley & Sons Co C COM 257867101 678 49,900 SH Sole 49,900 -
SB Emerging Markets Debt COM 95766A101 924 73,400 SH Sole 73,400 -
SBA Communications Corp COM 78388J106 478 29,300 SH Sole 29,300 -
SCANA Corp Common COM 80589M102 4,133 116,100 SH Sole 116,100 -
Schlumberger LTD Common COM 806857108 15,340 362,398 SH Sole 362,398 -
Sempra Energy Common COM 816851109 9,430 221,200 SH Sole 221,200 -
Senior Housing Prop Trus COM 81721M109 29,442 1,642,935 SH Sole 1,642,935 -
Sierra Pacific Resources COM 67073Y106 12,036 1,217,000 SH Sole 1,217,000 -
Simon Property Group Inc COM 828806109 667,582 12,565,094 SH Sole 10,460,459 2,104,635
SL Green Realty Corp Com COM 78440X101 40,566 1,566,184 SH Sole 1,442,628 123,556
Sonoco Products Common COM 835495102 2,402 103,700 SH Sole 103,700 -
Southern Union Co Common COM 844030106 206 15,797 SH Sole 15,797 -
Sovran Self Storage Inc COM 84610H108 56,515 1,569,850 SH Sole 1,569,850 -
Spectra Energy Corp Comm COM 847560109 22,249 1,413,555 SH Sole 1,413,555 -
Starwood Hotels & Resort COM 85590A401 67,540 3,773,164 SH Sole 3,335,881 437,283
Strategic Hotel Capital COM 86272T106 2,195 1,306,532 SH Sole 1,306,532 -
Sunamerica Focused Alpha COM 867037103 5,449 570,600 SH Sole 570,600 -
Sunstone Hotel Investors COM 867892101 1,095 176,872 SH Sole 149,266 27,606
SunTrust Banks Common COM 867914103 2,295 77,700 SH Sole 77,700 -
Swiss Helvetia Fund CEF COM 870875101 965 77,600 SH Sole 77,600 -
Sysco Corp Common COM 871829107 1,241 54,100 SH Sole 54,100 -
Taubman Centers Inc Comm COM 876664103 80,575 3,164,789 SH Sole 2,631,178 533,611
TCF Financial Corp Commo COM 872275102 2,138 156,500 SH Sole 156,500 -
Teco Energy Common COM 872375100 3,309 267,900 SH Sole 267,900 -
Templeton Emg Mkts Incom COM 880192109 373 40,800 SH Sole 40,800 -
Teva Pharmaceutical ADR COM 881624209 15,542 365,084 SH Sole 365,084 -
Texas Instruments Inc Co COM 882508104 1,847 119,000 SH Sole 119,000 -
The Hershey Company Comm COM 427866108 1,417 40,800 SH Sole 40,800 -
The Southern Co Common COM 842587107 85,592 2,313,300 SH Sole 2,313,300 -
Total SA Spon ADR COM 89151E109 1,679 30,350 SH Sole 30,350 -
U-Store-It Trust Common COM 91274F104 3,485 783,262 SH Sole 700,472 82,790
UDR INC Common COM 902653104 105,636 7,660,346 SH Sole 7,163,246 497,100
Ultrashort Financial Pro COM 74347R297 135 3,566 SH Sole 3,566 -
United Parcel Service In COM 911312106 9,507 172,360 SH Sole 172,360 -
United Technologies Corp COM 913017109 6,077 113,373 SH Sole 113,373 -
Urstadt Biddle Propertie COM 917286205 12,652 794,287 SH Sole 778,387 15,900
US Bancorp Common COM 902973304 18,955 757,900 SH Sole 757,900 -
Valero Energy Corp Commo COM 91913Y100 879 40,600 SH Sole 40,600 -
Vectren Corp Common COM 92240G101 10,156 406,067 SH Sole 406,067 -
Ventas Inc Common COM 92276F100 192,489 5,733,926 SH Sole 5,261,172 472,754
Verizon Communications I COM 92343V104 15,604 460,286 SH Sole 460,286 -
VF Corp Common COM 918204108 1,084 19,800 SH Sole 19,800 -
Vornado Realty Trust 2.8 BOND 929042AC3 505 680,000 SH Sole 680,000 -
Vornado Realty Trust Com COM 929042109 480,906 7,968,599 SH Sole 7,317,801 650,798
Wal-Mart Stores Inc COM 931142103 13,880 247,600 SH Sole 247,600 -
Weingarten Realty Invest COM 948741103 69,229 3,345,968 SH Sole 3,090,070 255,898
Wells Fargo & Co Common COM 949746101 15,016 509,387 SH Sole 509,387 -
Western Asset Emerging M COM 95766E103 1,020 125,300 SH Sole 125,300 -
Western Asset Gl High In COM 95766B109 735 101,100 SH Sole 101,100 -
Western Asset High Incom COM 95766J102 1,520 300,974 SH Sole 300,974 -
Western Asset Managed In COM 95766K109 1,831 460,100 SH Sole 460,100 -
Western Asset Opportunit COM 95766L107 652 153,087 SH Sole 153,087 -
Western Asset Premier BO COM 957664105 219 24,600 SH Sole 24,600 -
Western Asset Worldwide COM 957668106 394 43,000 SH Sole 43,000 -
Western Asset/Claymore I COM 95766R104 3,374 321,575 SH Sole 321,575 -
WGL Holdings Inc Common COM 92924F106 3,122 95,500 SH Sole 95,500 -
Williams Cos Inc Common COM 969457100 274 18,928 SH Sole 18,928 -
Williams Partners LP Com PRTNRS 96950F104 6,165 516,300 SH Sole 516,300 -
Wilmington Trust Corp Co COM 971807102 2,273 102,200 SH Sole 102,200 -
Wisconsin Energy Group C COM 976657106 20,521 488,828 SH Sole 488,828 -
Worthington Industries C COM 981811102 1,616 146,600 SH Sole 146,600 -
Xcel Energy Inc Common COM 98389B100 39,772 2,144,034 SH Sole 2,144,034 -
Zweig Fund Inc CEF COM 989834106 769 267,000 SH Sole 267,000 -
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350 Data Records
8,778,021 Value Total
01 Other Manager on whose behalf report is filed